Most insurance companies require a written appraisal by an independent appraiser (not the seller of the item) with a graduate gemologist degree in order to provide insurance coverage.
Your item will be accurately described and valued for replacement in the event of loss, theft or damage.
Identification and valuation of inherited items.
When buying or selling an item.
Estate planning or Probate needs.
Why do I need a fair market value appraisal?
For re-sale of used item.
Equitable division of jewelry in the dissolution of marriage.
Equitable division of jewelry in the distribution of an estate.
Trust and estate planning.
Charitable contribution.
To authenticate diamond or gemstone certificate.
How often does my Jewelry appraisal need to be updated?
Most insurance companies require an appraisal update between 3-5 years.
What is the jewelry appraisal process?
Items are thoroughly cleaned, inspected and evaluated.
Items are identified, measured, quality graded and accurately described.
Digital photos are taken and values are given to each component.
Overall value is calculated for finished piece.
Appraisal document is formatted, printed, emailed and saved for future appraisal updates.
How long does an appraisal take to complete?
The average item takes 30 minutes to appraise.
Some items are more complex and take further research and require more time.
Some items are straight forward and will take less time.
Multiple item appraisals typically take less time due to less set up time between each article.
Why should I have my diamond certified by GIA if I already have it appraised?
GIA certified diamonds appraise at a higher value and sell at a higher value.
GIA is the world’s most trusted gemological laboratory.
GIA diamonds are easier to sell sight unseen.
How do I sell my diamond?
Have your diamond GIA certified.
Have a professional jewelry appraisal performed.
Sell online or have your diamond sold by a diamond broker for a small percentage fee.
